UK economic growth hits fastest pace in over two years

The UK economy expanded by 0.7% between July and September, accelerating from the previous three months and outperforming expectations despite challenges from higher energy prices linked to the Iran war. Strong performance in the services sector, particularly computer programming driven by AI spending, fueled this robust growth. While Prime Minister Andy Burnham called the figures welcome news, experts warn that households may not feel better off as price increases could soon outpace wages. Additionally, analysts caution that growth might slow in the coming months if energy markets do not stabilize and energy bills rise sharply in January.